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Stock Market & Financial Investment News

News Breaks
October 4, 2012
08:08 EDTAPPAmerican Apparel reports preliminary September sales up 10%
American Apparel announced preliminary total net sales for the month ended September 30 increased 10% to $51.1M when compared to the month ended September 30, 2011. Between the same periods, comparable retail and online sales on a preliminary basis increased an estimated 15% and wholesale net sales increased an estimated 1%. For the quarter ended September 30, total net sales increased an estimated 15% to $162.6M.
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September 30, 2014
18:21 EDTAPPAmerican Apparel board open to letting ousted CEO Charney stay, Bloomberg says
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September 29, 2014
08:37 EDTAPPAmerican Apparel appoints Scott Brubaker as interim CEO, Hassan Natha as CFO
American Apparel announced the appointment of Scott Brubaker as Interim CEO and Hassan Natha as Executive Vice President and CFO, effective immediately. Brubaker is a Managing Director at Alvarez & Marsal, and replaces John Luttrell as Interim CEO. Natha, who replaces Luttrell as CFO, has more than 20 years of experience in finance with both public and private companies, including service as Chief Financial Officer at Fisher Communications, Inc. and Jones Soda Company. John Luttrell, who had been serving as Interim Chief Executive Officer and Chief Financial Officer, is resigning from the company.

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